Friday, November 22, 2013

Freakonomics: The Millions Revised

As the darkness comes and covers our days in Helsinki the purpose is still here, 1 Million Euros in less than 5 years "everything happens", ups and downs, sadness and happiness collide just to show us that we are still alive so alive... I was recently contacted to write a review on the whole idea of Freakonomics. I have some glimpse of when I first read the book but I believe it is absolutely necessary in this times of darkness to revise it again not to make the same mistakes of the past.

The non-fiction publishing phenomenon known as Freakonomics has passed its eighth anniversary. The original book, which used ideas from statistics and economics to explore real-world problems, was an instant best-seller.

By 2013, it had sold more than five million copies worldwide, and it has sprouted a franchise, which includes a best-selling sequel,SuperFreakonomics; an occasional column in the New York Times Magazine; a popular blog; and a documentary film.

The word “freakonomics” has come to stand for a light-hearted and contrarian, yet rigorous and quantitative, way of looking at the world.

The faces of Freakonomics are Steven D. Levitt, an award-winning professor of economics at the University of Chicago, and Stephen J. Dubner, a widely published New York–based journalist. Levitt is celebrated for using data and statistics to solve an array of problems not typically associated with economics.

Dubner has perfected the formula for conveying the excitement of Levitt’s research—and of the growing body of work by his collaborators and followers. On the heels of Freakonomics, the pop-economics or pop-statistics genre has attracted a surge of interest, with more authors adopting an anecdotal, narrative style.

As the authors of statistics-themed books for general audiences, we can attest that Levitt and Dubner’s success is not easily attained. And, we recognize the challenge of creating interest in the subject without resorting to cliché-examples such as baseball averages, movie grosses and political polls.

The other side of this challenge, though, is presenting ideas in interesting ways without oversimplifying them or misleading ideas. Me and others have noted a discouraging tendency in the Freakonomics body of work to present speculative or even erroneous claims with an air of certainty. Considering such problems yields useful lessons for those who wish to popularize statistical ideas.

I hope you enjoy this film with a nice calm November Rain.

Wednesday, October 16, 2013

Jack Dorsey: Twitter IPO and Square Payments after the Billions

Jack Dorsey may shy from being called the Steve Jobs of his generation, but there's no question he's on one hell of a hot streak, developing his latest creation Square Payments recently, and as the yellow of the fall is covering all the streets of Europe I might warn you to put those hard earned extra € into the next big IPO "Twitter" you will certainly more than double your money.

Square, the mobile-payments startup that's landed $340 million in venture capital, just moved into sprawling new offices in San Francisco after doubling its head count in less than a year. The new digs sit -- coincidentally, Dorsey insists -- a block from those of Twitter, which he cofounded in 2006 and whose looming IPO figures to make Dorsey his second billion dollars in the past 13 months.

 The 36-year-old declined to say much about Twitter, citing federal "quiet period" rules that precede an initial public offering of stock. But asked how it felt to have invented two products whose users number into the hundreds of millions worldwide, the entrepeneur allowed himself a moment of introspection.

"If you're climbing on the mountain, it doesn't look that massive to you," he said from the glass-and-wood accented Market Street headquarters into which CEO Dorsey and most of Square's 600 other employees moved last week.

Twitter made news of its own last week with its long-rumored IPO filing, which revealed the microblogging service has more than 200 million active monthly users. Square, meanwhile, claims to process $15 billion annually in credit card transactions -- not including a deal cut last year to handle all of Starbucks' card payments. Today while having my morning coffee at Starbuck´s I was just thinking this guy is going to make STAR BUCKS!!!

But, on  Dorsey's words, "we don't feel we're at even 1 percent of our potential with either company."

Dorsey, a bachelor who grew up in a blue-collar St. Louis family, owns 5 percent of Twitter and a reported one-third of Square. Each of those holdings is worth at least $1 billion, according to the estimated valuations of both companies.

To his admirers, though, Dorsey's accomplishments aren't measured in dollars, but in influence and vision.

The parallels to Apple's (AAPL) cofounder are obvious: Both men were forced out of startups they launched, only to return and help lead them to new heights. Both men, after being ousted, started second companies that became powerhouses in their own rights (Pixar, in Jobs' case).

And both men became famous for a relentless focus on simple, elegant design: Even the pillars that support the new office's ceiling have been rounded to resemble Square's namesake plastic reader, which lets anyone accept credit cards via smartphone or tablet.

One way in which Dorsey differs from his role model: "He doesn't lose his temper," said Maja Henderson, who was Dorsey's executive assistant in Square's early days and now rides herd on the company's design and construction efforts. Those include the 150,000-square-foot headquarters, where employees avail themselves of such perks as in-house chiropractic care and unlimited vacation.

Henderson acknowledged that few "Squares" take much time off, although she said Dorsey "has gotten a lot better" about breaking away from work after a stretch in which he split 80 hours each week between Twitter and Square.

The Twitter creation myth has various versions, but the fundamental story is that Dorsey was working at a San Francisco podcasting startup, Odeo, in 2006 when he and several others cooked up a 140-character instant messaging system for mobile phones. Twitter spun out of Odeo with Dorsey as CEO, only to see a shake-up when co-founder and investor Evan Williams moved him aside amid much mutual finger-pointing.

Williams, in turn, was replaced in 2010 by Chief Operating Officer Dick Costolo, who brought Dorsey back in a product development role. Costolo said then that "having the inventor in the room" helped solve arguments about what the service should be.

With those debates more or less decided, Dorsey these days focuses most of his time on Square. He still spends Thursday afternoons at Twitter, where he's executive chairman and holds a weekly lunch with Costolo.

Steve Wilson, an analyst at Constellation Research, noted that Twitter essentially created a new category of communication before anyone realized it was needed. With Square, on the other hand, Dorsey identified a huge and lucrative problem with an existing market. In the United States alone, credit card payments are expected to hit $31 billion a year by 2016, according to an estimate by industry newsletter The Nilson Report.

"Amazing that no one thought to jump in before" to bring small merchants into that ecosystem, Wilson said. While he and others call Square a tempting acquisition target for a major financial services player, Dorsey insists he's building for the long haul.

To be sure, Square faces plenty of competition, from entrenched payments giants like Verifone andeBay's (EBAY) PayPal unit to startups like Clinkle -- which drew gasps around Silicon Valley in June by raising a $25 million "seed" round from titans including early Facebook investor Jim Breyer and PayPal co-founder Peter Thiel. And here is my main idea we haven't even preceived the real potential of all these tech companies and start ups namely: Facebook,Twitter and Square to name a few.

"Square is primarily a credit card reader for your iPhone or Android device. To me, that's really not mobile payments," said Lucas Duplan, the 22-year-old who founded Clinkle last year with a bevy of other young Stanford University programmers.

Dorsey acknowledges that Square Wallet, which his company rolled out in 2011 to let consumers buy things via smartphone, has struggled for widespread acceptance despite two rebrandings. But he's content to focus on building services for small merchants, confident that the consumers eventually will follow.

"Jack holds true to his vision of empowering local business," said Mary Meeker, of Kleiner PerkinsCaufield and Byers, who sits on Square's board along with fellow venture capital star Vinod Khoslaand former U.S. Treasury Secretary Larry Summers.

Dorsey and Henderson applied that same sense of vision to their new offices, which take up parts of four floors in a dowdy former Bank of America data center. The theme is one of a miniature city, with conference rooms named for famous streets and a grand "boulevard" the length of two football fields.

But Dorsey said the headquarters is more than a pretty place. Much thought went into breaking the open floor plan into clusters, to preserve the camaraderie of a small company.

And in discussing the finished product, Dorsey said something that might sum up his entire approach to design: "It's not just about how it looks," he said. "It's about how it works."

Jack Dorsey's Square mobile payments company offers a growing suite of products:

Square Reader: Lets anyone accept credit cards via a smartphone or tablet for a 2.75 percent transaction fee.
Square Register: Helps merchants track payments, manage inventory and share menu information with customers.
Square Wallet: Allows consumers to pay at local businesses automatically via smartphone.
Square Market: Newest addition is an eBay-like marketplace that lets Square Register users set up online storefronts.

On Jack Dorsey's

Age: 36
Born: St. Louis
Education: Dropped out of New York University to launch his first Silicon Valley company in 2000.
Lives: San Francisco
Making history: In March 2006, Dorsey sent the world's first tweet: "just setting up my twitter."
Human touch: Takes every new Square employee on a walking tour of San Francisco.

Tuesday, September 17, 2013

Five More Reasons Not to Look for a Job and Make Millions

Now that we are entering into Fall, and with the purpose of making 5 Million Euros in less than 5 years, we have to focus on the idea of making ourselves valuable in many different ways, making new connections and developing new ideas, therefore this guest blog is related to our main subject.  Written by Larry Klein he contacted me and proposed the paradigm of why people should not look for a job anymore.

Larry is a personal finance blogger, member of Yakezie challenge, CPA (inactive), retired financial advisor and Harvard MB.I hope you enjoy this reading as much as I did.

Looking for a job has been unproductive for you and for good reason.  I have written on this issue a number of times on my own blog and here are yet more reasons why looking for a job is an
activity left over from the last century and won’t be productive this year, next year or in 10 years.

1. You are one of 300 resumes for one open position.  The odds are way against you so why waste your time.  You are likely someone that also buys lottery tickets figuring  that someone has got to win.  Good luck to you.

2. A robot will likely replace your job or has already done so.  If you don’t watch Sixty Minutes, youshould.  A recent episode explains how so many jobs have already been replaced by robots and
way more to come.

 People who are unskilled are now also unneeded.  Sorry, but if you could not figure out why you had to learn geometry on ninth grade (it was to learn how to think) and now youhave no skills and no ability to think and need a job where someone shows you what to do, you
are out of luck.

3. Looking for a job is backwards. You are trying to find someone who needs a worker and thenyou will fit yourself to the position.  That is backwards.  The way to make money is to figure out
what people value, what they will happily pay for and then learn how to provide it.That is called making yourself of value.  Note that learning something does not necessarily mean going
to school. Some of the most successful people are self-taught.

4.  You place yourself in a continuous position of dependence. If the job disappears or the company goes out of business, you are back in the same place.Don’t  look for a job—figure out how to earn income that is independent of some company or someone giving you anything. Make yourself valuable so that people want what you offer. I pay the woman who cleans my house $160 for 5 hours of work.  She has worked for us for 30 years and I hate to think she might ever retire.   She has no education, speaks only some English but is valuable. 

5. Looking for a job is just laziness.Up until the year 1900 or so, there were no jobs.  People farmed their land, learned a trade or took up a profession.  These people sold their talents and skills to other people in town. Looking for a job is finding someone who has already done the hard work or creating excess work so that you can simply show up and get paid.The good times are over there is no excess work.

A few months ago, I saw an interview on CNBC with Jack Welch, the ex-chairman of General Electric.  He said that one of GEs business was hurt so badly in the recession, that its revenues would not recover until 2014.  However, that division would achieve its pre-recession revenues with 14,000 people instead of the 23,000 employed pre-recession.  The point—if you are just "labor," this economy has little need for that.  What the economy needs is skills, talent, ability to innovate, leaders who motivate, create and move an idea from inception to fruition.

Fast food workers can strike all they want but the reality is, none of the above is required to work in fast food service.  Reality is just that, like it or not, fair or not.  You can piss and moan or use this post as a description of the new reality our reality so go out there and make yourself valuable.

Larry Klein is publisher of the Wealthy Producer Blog, is among the 1% and has not has not had a job in  33 years. Fire and Passion that is all we need Enjoy!

Monday, July 29, 2013

Cannes Millionaire Heist: Armed thief steals jewels worth €40 Million

After a couple of months celebrating life and enjoying the pleasures of traveling The French Riviera was amazing, However part of my soul is with my family in Mexico supporting mentally an unpleassant event that should pass away as fast as it came,  so be it for the ethernal energy to solve all issues regarding my beloved and good hearted family.

 Now after coming back from a trip that seemed more like a dream in which luxury showed me different aspects of reality and in the search of 5 Million euros in less than 5 years here comes the lates story while in Cannes,

 Thief stuffs suitcase with Leviev gems in daylight raid at luxury Carlton hotel in French resort,  a single thief armed with a gun and considerable sang, froid made off with jewellery and watches worth an estimated of€40m (£35m) from a luxury hotel in Cannes on Sunday, in what was reported to be France's second biggest jewel robbery.

 The man, wearing a mask and gloves and carrying a briefcase, strolled into a diamond exhibition at the Carlton hotel just before midday, threatened staff and visitors and filled the case with jewels and diamond-encrusted watches before walking out. "It was all over very quickly. There was no violence," a French police officer said. The thief entered the hotel alone, but police said they believed he had an accomplice waiting outside. It is the third significant jewel theft from hotels in the Cannes area in just over two months.

 During the Cannes film festival in May, thieves stole more than £660,000 worth of jewellery belonging to the exclusive Swiss jeweller and watchmaker Chopard. The gems were to have been loaned to A-list film stars and celebrities attending the festival, and were in a safe in a room at the Suite Novotel in Cannes. The thieves removed the whole safe in the middle of the night without forcing the room's door or using a keycard, according to police.

 A week later a necklace reportedly worth €1.9m by the Swiss jeweller De Grisogono vanished after a celebrity party at the five-star Hotel du Cap-Eden-Roc in the resort town of Cap d'Antibes. Police are investigating whether the raids were the work of the same gang. "Thieves see Cannes as rich pickings," said a police officer with the crime squad in Nice, which is investigating the raid. "A full and urgent operation is under way to catch the culprit and recover these jewels." Another police officer told the Nice Matin newspaper: "

The raid took place in broad daylight at a time when hundreds of tourists were enjoying the sunshine. It could not have been more daring. The thief took advantage of the crowds and the fact it was Sunday and the atmosphere was relaxed." Police refused to say whether they were linking the raid with the escape of a member of the notorious Pink Panther gang from a Swiss jail on Thursday.

 Milan Poparic fled with another inmate from Orbe prison, in the western Swiss state of Vaud, after his accomplices rammed a prison gate and overpowered guards with bursts from their AK-47 automatic rifles. Police said he was the third member of the Pink Panthers to have escaped in as many months. Interpol believes that the group has been targeting luxury watch, gem and jewellery stores in Europe, the Middle East, Asia and the United States since 1999 and has netted more than €330m.

 The stolen diamonds had been on show since 20 July and were supposed to remain at the Carlton until the end of August in an exhibition called Extraordinary Diamonds, organised by the prestigious Leviev diamond house owned by the Russian-born Israeli billionaire Lev Leviev. Leviev, 57, who is described as a diamond dealer, businessman and philanthropist, owns diamond mines in Russia and Africa and is a major competitor to the African diamond giant De Beers.

The father-of-nine has a £35m home in Hampstead and last year was involved in a high-profile high court battle against a former business partner, Arkady Gaydamak, which he won. Staff at the Carlton, situated on the exclusive Promenade de la Croisette, said they had been told not to give any information about the raid.

 Police unions criticised the practice of jewellery companies holding exhibitions in luxury hotels, saying they could not provide the necessary security to prevent thefts. In August 1994, a security guard was shot at the Carlton as he tried to stop thieves making off with gems in a similar exhibition. Europe's top heists

 • Harry Winston's jewellery store, in the chic Avenue Montaigne in Paris, December 2008, $107m (£70m)haul. The biggest heist in French history. Just before closing time before Christmas, four men – three disguised as women with long blonde hair, sunglasses and scarves – were buzzed into the shop. Once in they set off a grenade in the shop and made off with gems, jewellery and watches. Police said they believed the thieves, who reportedly had Slavic accents, were Serbian members of the Pink Panther gang.

 • Schiphol Aairport, Amsterdam, February 2005. Thieves stole diamonds worth an estimated $118m which were never recovered, although police arrested several suspects.

 • Antwerp Diamond Centre, Antwerp, Belgium, February 2003, $100m haul.

 • Graff Diamonds store, London, August 2009, $65m haul.

 • Carlton hotel, Cannes, August 1994, $60m haul. The thieves were never caught. Kim Willsher


Wednesday, May 22, 2013

Make and Save Millions with Pacific Tycoon - Container Investment

Suddenly on my journey to make one Million Euros in less than 5 years the temperature today dropped down around 5 degrees here in Helsinki, quite cold and rainy and now tonight the humidity and the multiplicity of projects let me relax and foresee some new future Investments. and here is a good one to begin with:

Pacific Tycoon - Container Investment
Pacific Tycoon is an established and recognized leader in the shipping container leasing industry. Together, private investors and the experienced staff at Pacific Tycoon work in partnership to identify prospering marketplaces that will consistently deliver profitable returns, on every shipping container investment.
Pacific Tycoon specialises in high yield hard asset management, a boom industry that is demand led and propelled by 90% of world trade. This facilitate the global logistics of domestic, business and industrial goods. Pacific Tycoon specialises in high yield hard asset management, a boom industry that is demand led and propelled by 90% of world trade. 
Pacific Tycoon shipping containers facilitate the global logistics of domestic, business and industrial goods. Pacific Tycoon Ltd leases containers owned by individuals and rents them to the shipping industry. Embedded amongst the growth engines of China and the East, we secure returns that are superior to top competitor indices year in year out .
For an Investment of as little as $ 3900 USD you could get a 12% ROI, Have a look and let me know How it went. 

Wednesday, May 15, 2013

Choosing the Best Gas Contract for Your Large Business

Whether you're the large business owner or you've been put in charge of the monthly bills, it can't be an easy task deciding on the best option for the Business energy supply. After all, as a business, you want to try and keep overheads down while the need for gas and electricity supply is, obviously, essential.

While you could encourage your employees to contribute to saving money by teaching them how to use less energy and offering them incentives in return for doing their bit, you'll still be faced with a gargantuan energy bill at the end of each calendar month and, with large businesses, these bills equal big bucks.

With a choice of contracts, you can be sure that you sign up for a plan that suits your energy needs perfectly. Whether you decide on a fixed price contract so that, even if prices rise, you're locked into a lower unit price plan, or you decide to take the risk and take advantage of any positive price changes in the energy market, is completely up to you.

Fixed Contracts
Available over 1, 2, or 3 years, fixed rate contracts are ideal if you have a lower annual usage and would like something straightforward that you don't need to spend much time on. Perhaps you don't have the time to research the market and compare plans and suppliers – a fixed term contract would take the hassle out of finding a deal for up to 3 years, leaving you time to do other things on your to-do list.

With the fixed deals, you're also able to choose your new contract whenever you like – not just when you're due for renewal, meaning you can always stay one step ahead.

Flexible Contracts
Whether you choose to buy in months, quarters or seasons is completely up to you, but whatever you choose, you can be sure that your contract will be tailored to suit your individual needs. If you have the time to monitor the energy market and you know what you're looking for, flexible contracts would be a perfect option for you.

Whether you decide on a fixed or flexible contract, you can be sure that your individual business needs will contribute to the tailor made plan you'll receive and your business gas needs will be satisfied completely.

Monday, March 4, 2013

Swiss Billionaire Forms Fortune With Kissing Parties and Desigual

The sun rises electric and the winter is at its best in the cold Helsinki evenings, this brings only memories from the past summer in which I remember walking through the streets of Amsterdam and discovering a great clothing brand "Desigual".

 Then when it was my time to be once again around the streets of Madrid I was shocked and inspired by such  amazing designs, after doing a bit of research and on my sole purpose of making one Million € in less than 5 years I feel great to promote and article of such an interesting fashion brand.

In the streets of New York City more than 300 shoppers lined up outside the Desigual shop in the Soho neighborhood for a free outfit 

“I got out here at 1 a.m.,” said one customer in a video posted by the company on YouTube, her driver’s license stuffed into a pink bra as by passers snapped pictures of the crowd, who were attending a marketing event Desigual called an Undie Party.

Such promotions -- and others, like kissing festivals in London, Paris and Berlin -- have helped make Thomas Meyer, the 50-year-old founder and owner of the Barcelona-based fashion chain, a billionaire.

Desigual, which is Spanish for “atypical,” has tripled its annual sales in the past five years to 700 million Euros ($903 million), according to Orbis, a database of company information published by Bureau van Dijk.

The company sold more than 22 million garments in 2012 through 330 of its own stores and 11,200 other points of sale in more than 100 countries. Meyer has a total net worth of at least $1.1 billion, however he has never appeared on an international wealth ranking.

Desigual is a very unique, fast-growing brand that is doing well globally and is much different from other fashion brands. Their garments are edgy and complex. The company is valued at $1.6 billion, based on the average enterprise value-to- earnings before interest and tax, and enterprise value-to-sales multiples of two publicly traded peers.

Meyer owns all of Desigual, according to Orbis. He controls the company through Dutch holding company Lovelife BV, which he has renamed La Vida Es Chula, or Life is Cool, a Desigual slogan. In December, he bought back a 30 percent stake owned by departing chief executive officer Manel Adell, according to a local media report. The ranking subtracts $500 million from his net worth for the sale, based on the value of that stake in Desigual at the time of Adell’s departure.

The pair met while sailing the Atlantic Ocean in 1992. A decade later, Adell joined the company, first as a consultant and then as chief executive.

Desigual joins a select group of Spanish fashion companies that have flourished in a home market experiencing youth unemployment of more than 50 percent and declining GDP in all six quarters since July 2011.

Chief among them is Amancio Ortega’s Inditex SA (ITX), the world’s largest clothing retailer. Its shares rose 64 percent in 2012, helping the 76-year-old Spaniard to pass Warren Buffett as the world’s third richest man.

The Swiss-born Meyer founded the company in Ibiza, Spain, at age 21, having spent previous summers selling T-shirts on the Mediterranean island known for its nightlife. One of his first popular products was a denim jacket made from discarded jeans, which led him to open his first store in 1986.

Meyer was exporting clothing to France and Portugal within a decade. In 2002, he asked his friend Adell to manage the company’s expansion. The pair focused on bright prints and colors for the clothing and finding prime locations for the stores, such as its flagship London store on Regent Street.

“Desigual is characterized by its optimistic differential designs that are full of color,” Adell said in a 2011 interview with the Moodie Report, a travel retail newsletter.

In the interview, Adell said sales would exceed 1 billion euros in 2014. The company’s new CEO, Manel Jadraque, told business publication Textile Industry that he expected Desigual to have an earnings before interest and taxes margin of 18 percent in 2012, 28 percent more than the average margin of Urban Outfitters and Supergroup.

In January, Desigual took out its first loan, borrowing 200 million Euros to fund expansion into Asia and Latin America, Textile Industry reported.
According to a 2008 account in the Spanish newspaper El Mundo, Meyer prefers to remain in the background, declining interviews and avoiding Desigual store openings.

Those who know him say he is more open in private, the article said, citing people who asked not to be identified.

“In money matters he is Swiss,” the newspaper quoted an acquaintance as saying. “Otherwise he is very Spanish.”

Thursday, January 24, 2013

5 Ways to Improve Your Business Security and Make Millions!

The Internet has become a fundamental tool for many businesses across the world. There are now over 2,400 million people with access to the World Wide Web, making it an irreplaceable marketing and communication tool 

As the world advances technically, the chance of hackers gaining unauthorized access to your sensitive data does increase. It is essential to protect your business and your customer base with products, for example an X509 Digital Certificate or the trusted VeriSign stamp, to ensure security and confidence while using your online platforms. 

1.      Invest in an X509 Digital Certificate 

Online hardware no longer starts and ends with the desktop computer or your laptop. Mobile devices are now able to connect to your servers and access data at the tap of an app. An X509 Digital Certificate can be purchased by manufacturers, and embedded into hardware to ensure that only authorized access is granted to named devices. 

2.      Add a SSL Certificate to your Website 

Encrypt any information passed through your website with a SSL Certificate. Show customers and/or clients that your website is trustworthy and can be used without worry. Get the VeriSign seal of approval. 

3.      Look into Extended Verification for Ecommerce Businesses 

SSL EV is extended verification and offers additional encryption services for businesses who provide ecommerce facilities on their website. Take customer card details in confidence, while buyers will browse safe in the knowledge that they are purchasing goods or services from a trusted retailer. Gain the green address bar, the padlock stamp and the https:// status. 

4.      Encrypt your Emails 

Invest in a Wildcard SSL Certificate and extend your SSL Certificate to cover multiple sub domains on your website, as well as email encryption. 

5.      Follow Basic Data Protection Pathways 

Sometimes it is all too easy to get stuck into the technicalities of business. Ensure that basic data protection pathways are followed – lock away any confidential paperwork and log out of computers following active sessions. 

Monday, January 14, 2013

A Mind Worth Millions: R.I.P, Aaron Swartz

I can sense the deepness of the season, and on my lonely adventure of making a Million € in less than five years I get to find and say Good Bye to a mind worth Millions, digital activist Aaron Swartz was found dead in his New York apartment, an apparent suicide the official statement which is hard to believe considering the deep sense of his words and the pure smile on his face. 

Suicide is always tragic, but especially in someone so young and bright -- he had just turned 26. As has been widely reported, he was facing criminal charges for his efforts to distributing scientific and literary journal articles, and it is likely that the prospect of a long prison sentence and massive fines pushed him over the edge.

It is really sad to lose one of the Internet's greatest minds and hearts, I hope  that we can at least learn something from this tragedy.

Swartz was accused of breaking into MIT’s computer system in order to access academic articles and make them available for free on the Internet.

Before he died last Friday, Swartz, who was a well-known computer programmer — but not an MIT student — faced a 35-year prison sentence on federal data theft charges and a fine of up to $1 million for illegally downloading articles from the subscription-based academic research service JSTOR. 

Swartz allegedly broke into a secure MIT computer closet on at least one occasion and hooked up a laptop in order to download JSTOR files, before he was arrested in 2011 by Cambridge, Mass. police.

Prior to his   for the alleged JSTOR downloads. He had pleaded not guilty. His trial was set to begin next month. Several prominent observers, called the potential penalty disproportionate to the alleged crime.

This could be another conspiracy theory he was involved in many different issues concerning the Internet once he was able to stop SOPA, and then he was foreseeing the network transformation, he was even calm when informed about the distribution of a new cyber attack. 

Well you can make your own conclusions Have a Great one. And Swartz: Rest in Power!!!